Are you planning a road trip to Mexico for the holidays? Or taking an important work trip with an extended stay? Whether you take a break from your regular life for a leisure trip to Mexico by car or have to travel to multiple cities in Mexico as part of your work, there are few things to consider besides packing your bags.
More often than not, people tend to miss one important thing and get to it only at the border to Mexico. Puzzled what it is? It is the Mexican car insurance you have to opt for to keep your travel safe and worry-free.
Do You Need The Best Mexican Car Insurance?
Let us clear the most obvious queries you may have.
Can I Use My Existing Car Insurance?
Your regular car insurance will not be considered valid by Mexican laws, and you would need a separate policy to cover your expenses while in Mexico. If your existing insurance provider can work with Mexican insurance companies, it may be possible to get coverage during your stay. But you will have to check the possibility of this before entering Mexico.
Is Insurance Mandatory To Take Your Car To Mexico?
Yes. You must take insurance for any vehicle you take to Mexico as it is mandated by the Mexican laws. If you do not already have an insurance policy, you will have to get it at the border to gain a permit for your vehicle to enter Mexico.
What Is The Minimum Insurance Requirement For Your Car In Mexico?
You should at least have liability coverage and, if possible, add additional coverage for your entire trip.
As you can see, it is clearly out of the question to opt-out of car insurance if you want to take a ride into Mexico. But you still have the time and choice to research and choose the right insurance provider who can meet all your needs in terms of coverage, premium terms, and so on.
Mexican car insurance is usually a standalone policy that can provide additional coverage options like roadside assistance, towing assurance, or gap insurance.
As for your rental cars, please check whether they have the required liability insurance, and if required, you can also take additional insurance for extra protection in case of accidental damages.
The most common types of coverage you can check out are:
• Liability coverage
It covers the cost of repairs for property damage or personal injury to someone caused by your car.
• Physical damage and theft
Medical coverage for covering expenses related to car accidents for the passengers
• Loan or lease payoff
Also called gap insurance, it covers the difference in the value of the totaled car and the amount you owe in a car loan or lease.
• Roadside assistance
It covers towing charges and battery jumpstart expenses
• Legal assistance
It covers the cost of legal representation in case of an accident.
• Medical evacuation
It covers the cost of vehicle transportation in case of emergencies.
Do take your time to go through all the available policies and choose the best Mexican car insurance that fits your needs, like cost, duration of stay, and expected coverage.